bitcoin
bitcoin

$96515.11 USD 

-0.32%

ethereum
ethereum

$3705.18 USD 

-0.15%

tether
tether

$1.00 USD 

0.00%

solana
solana

$236.36 USD 

-2.90%

xrp
xrp

$1.87 USD 

-2.51%

bnb
bnb

$650.54 USD 

-1.46%

dogecoin
dogecoin

$0.426913 USD 

-0.21%

usd-coin
usd-coin

$1.00 USD 

0.00%

cardano
cardano

$1.05 USD 

-4.99%

shiba-inu
shiba-inu

$0.000031 USD 

18.82%

avalanche
avalanche

$44.27 USD 

-1.60%

tron
tron

$0.204777 USD 

-0.10%

toncoin
toncoin

$6.73 USD 

2.81%

stellar
stellar

$0.501290 USD 

-6.82%

polkadot-new
polkadot-new

$8.80 USD 

0.16%

Cryptocurrency News Articles

Aligned Unveils ZK Verification Layer on Ethereum, Enabling Developers to Verify Zero-Knowledge Proofs at Less Than 10% of the Current Cost

Dec 01, 2024 at 05:30 am

This launch is a game-changer for developers. It enables developers to verify zero-knowledge proofs on Ethereum at less than 10% of the current cost.

Aligned Unveils ZK Verification Layer on Ethereum, Enabling Developers to Verify Zero-Knowledge Proofs at Less Than 10% of the Current Cost

Cryptocurrency network Aligned has unveiled its ZK verification layer on Ethereum mainnet beta. This launch will enable developers to verify zero-knowledge proofs on Ethereum at less than 10% of the current cost, allowing for thousands of proofs to be submitted per batch.

After 9 months of development we are happy to announce that Aligned's ZK verification layer – mainnet beta – is now live on Ethereum.

This means that developers can verify ZK proofs on Ethereum for less than 10% of the cost and that they can submit thousands of… pic.twitter.com/2zI829I1Tw

The launch of the ZK verification layer is a significant development for Ethereum, as it will open up new possibilities for zkEVMs and other applications. Aligned, a scalable ZK verification for blockchain, announced the launch of the network via its official X account.

The mainnet beta supports verifiers for leading proof systems, including Risc0 (v1.1.2), SP1 (v3.0.0), gnark Groth16 (BN254), and gnark Plonk (BN2254 & BLS12-381). The network is capable of processing 200 proofs per second at a cost of 2100 gas per proof.

Compared to Ethereum's native verification capabilities, the launch marks a 10x improvement in throughput and over 90% cost savings. The network has over 433K $ETH committed to it, providing a strong foundation for partners to build on Aligned.

Aligned is committed to continuing to improve the network and developer experience. Key focus areas include stabilizing the batcher and resolving payment system bottlenecks. Additionally, they will be enhancing the SDK for seamless integration and better error management.

Initially, the network will be operated by a smaller whitelisted set of operators, which will expand in the coming days to onboard more participants.

The entire development process and codebase are 100% open source, aligning with Aligned's commitment to transparency and collaboration. As the network continues to persist with its momentum, the next nine months promise even more groundbreaking advancements for developers and the Ethereum community at large. Stay tuned for updates on Aligned's progress in pushing the boundaries of blockchain scalability.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 01, 2024